2 weeks Ago By Defense World Staff
Alarm.com Holdings, Inc. ( NASDAQ:ALRM – Get Free Report ) was the recipient of a large increase in short interest during the month of September.
As of September 15th, there was short interest totalling 2,710,000 shares, an increase of 6.7% from the August 31st total of 2,540,000 shares. Approximately 5.
8% of the shares of the stock are short sold. Based on an average trading volume of 469,200 shares, the days-to-cover ratio is currently 5.8 days.
Insiders Place Their Bets In other Alarm.com news, CFO Steve Valenzuela sold 7,400 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $60.
27, for a total transaction of $445,998.00. Following the sale, the chief financial officer now owns 37,500 shares of the company’s stock, valued at approximately $2,260,125.
The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . In other news, insider Daniel Ramos sold 9,476 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $61.
81, for a total value of $585,711.56. Following the transaction, the insider now owns 41,100 shares of the company’s stock, valued at approximately $2,540,391.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CFO Steve Valenzuela sold 7,400 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $60.
27, for a total transaction of $445,998.00. Following the completion of the transaction, the chief financial officer now directly owns 37,500 shares in the company, valued at approximately $2,260,125.
The disclosure for this sale can be found here . Insiders own 5.60% of the company’s stock.
Institutional Trading of Alarm.com A number of institutional investors have recently made changes to their positions in the business. Oak Ridge Investments LLC lifted its position in shares of Alarm.
com by 0.3% in the first quarter. Oak Ridge Investments LLC now owns 63,176 shares of the software maker’s stock worth $4,578,000 after purchasing an additional 173 shares in the last quarter.
Parkside Financial Bank & Trust increased its holdings in Alarm.com by 8.3% during the second quarter.
Parkside Financial Bank & Trust now owns 2,381 shares of the software maker’s stock worth $151,000 after buying an additional 183 shares during the last quarter. Arizona State Retirement System increased its holdings in Alarm.com by 1.
8% during the second quarter. Arizona State Retirement System now owns 13,283 shares of the software maker’s stock worth $844,000 after buying an additional 232 shares during the last quarter. QRG Capital Management Inc.
increased its holdings in Alarm.com by 4.6% during the second quarter.
QRG Capital Management Inc. now owns 5,991 shares of the software maker’s stock worth $381,000 after buying an additional 266 shares during the last quarter. Finally, Swiss National Bank increased its holdings in Alarm.
com by 0.3% during the first quarter. Swiss National Bank now owns 93,700 shares of the software maker’s stock worth $6,790,000 after buying an additional 300 shares during the last quarter.
Institutional investors own 91.74% of the company’s stock. Analyst Upgrades and Downgrades Get Our Latest Stock Report on Alarm.
com Alarm.com Stock Performance Shares of ALRM opened at $55.33 on Monday.
The company has a debt-to-equity ratio of 1.52, a quick ratio of 8.70 and a current ratio of 9.
25. Alarm.com has a twelve month low of $49.
70 and a twelve month high of $77.29. The firm’s 50 day moving average price is $60.
27 and its two-hundred day moving average price is $64.57. The firm has a market cap of $2.
78 billion, a P/E ratio of 32.74, a PEG ratio of 3.38 and a beta of 0.
90. Alarm.com ( NASDAQ:ALRM – Get Free Report ) last announced its quarterly earnings results on Thursday, August 8th.
The software maker reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.
09. The firm had revenue of $233.80 million for the quarter, compared to analyst estimates of $227.
35 million. Alarm.com had a net margin of 11.
92% and a return on equity of 13.00%. The business’s revenue was up 4.
4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share.
On average, analysts forecast that Alarm.com will post 1.4 EPS for the current fiscal year.
Alarm.com Company Profile ( Get Free Report ) Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally.
The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
Further Reading Five stocks we like better than Alarm.com Do ETFs Pay Dividends? What You Need to Know Top 5 ETFs to Own Now and Into 2025 5 Top Rated Dividend Stocks to Consider Watch These 3 Former Short-Squeeze Stocks for a Big Rally How to Calculate Return on Investment (ROI) Simon Property REIT: A Safe Bet for Growth and Steady Dividends Receive News & Ratings for Alarm.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alarm.
com and related companies with MarketBeat.com's FREE daily email newsletter ..
